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1617 Silver Heights Boulevard

Silver City, NM 88061
  • $853,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 20241558
UPDATED: 72 min ago
$853,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,508
    SQFT
  • $74
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 7% capitalization rate, boasting the prospect of immediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal, drawing a steady flow of tenants and customers alike.

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© 2024 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2024-07-18T07:15:10.55.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/148693425
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1617 Silver Heights Boulevard Silver City, NM 88061

  • Price: $853,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 72 min ago
  • MLS #: 20241558
0
Beds
0
Baths
0
½ Baths
0.97
Acres
11,508
SQFT
$74
$/SQFT
1950
Built
Neighborhood:
Silver City
County:
Grant
Area:
Silver City
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 7% capitalization rate, boasting the prospect of immediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal, drawing a steady flow of tenants and customers alike.
Exterior Features

Construction Materials AdobeFrameStucco Open Parking YN Yes Other Parking Driveway Parking Features Parking LotOn Street Roof MetalPitched Structure Type Retail

Interior Features

Cooling Refrigerated WindowEvaporative CentralRefrigerated Central Cooling YN Yes Heating ElectricNatural Gas Heating YN Yes

Property Features

Building Area Total 11508 Building Features High Visibility Business Imp Dist YN No Existing Leases YN Yes Included BuildingLand Property Sub Type Retail Road Frontage Type City StreetDriveway To St/Fed Sale Rent For Sale Tax Annual Amount 5178.32 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public

Listing courtesy of Realpros: 575-639-9050.
© 2024 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2024-07-18T07:15:10.55.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Rivas Real Estate
3506 N. West County Rd.
Hobbs NM, 88240